Financial Decision Making

Description

This unit develops skills and knowledge that enable students across all disciplines to make informed and responsible decisions using accounting and financial information. The unit explores different forms of business and financing options and how these affect business decisions through the understanding of financial statements. Students will learn about basic accounting and financial terminologies; cash and accrual accounting, capital investment decisions, business financing, time value of money, triple bottom line reporting and business budgeting. Students will also learn how to interpret financial statements and how global events impact on business decisions. Study periods: Semester 1, Semester 2, OpenUnis SP 1, OpenUnis SP 3, Trimester 1A, Trimester 2A, Trimester 3A, Trimester 1, Trimester 3